By Zeba Siddiqui (Reuters) – A U.S. surveillance program aimed at countering foreign threats that intelligence officials have used to spy on Americans faced resistance from both Republicans and Democrats at a Senate hearing to discuss its renewal on Tuesday. President Joe Biden’s administration has backed renewal of the program, effected through the 2008 statute…
By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country’s government from agreeing to let U.S. prosecutors pursue part of their criminal case against Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX. Last month, U.S. federal prosecutors in Manhattan said they would drop five charges of foreign bribery,…
(Reuters) – Ukrainian President Volodymyr Zelenskiy called for tougher sanctions to halt the flow of components used in Russian missiles, saying it was cheaper to stop their transfer than to improve anti-aircraft systems against their deployment. It was the second time in a little more than a week that Zelenskiy had called for tightened rules…
By David Shepardson WASHINGTON (Reuters) -The top Republican on a U.S. Senate panel whose party rejected President Joe Biden’s nominee to head the Federal Aviation Administration (FAA), on Tuesday urged Biden to pick a new nominee, saying the delay puts passengers at risk. The FAA has been without a permanent administrator since April 2022. Biden’s…
By Rosalba O’Brien NEW YORK(Reuters) – Cormac McCarthy, whose nihilistic and violent tales of the American frontier and post-apocalyptic worlds led to awards, movie adaptations and sleepless nights for his enthralled and appalled readers, died on Tuesday at the age of 89. McCarthy – arguably the greatest American writer since Ernest Hemingway or William Faulkner,…
By Vitalii Hnidyi NESKUCHNE, Ukraine (Reuters) -Ukraine’s blue and yellow flag flew over a ruined grocery store and Russian soldiers lay dead in the street of the village of Neskuchne, reached by Reuters journalists on Tuesday in the first independent confirmation of Ukraine’s biggest advances for seven months against Russia’s invasion. Russia has not acknowledged…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation last month in more than two years, cementing expectations that the Federal Reserve will pause interest rate hikes at its two-day meeting ending on Wednesday. The dollar index slid as…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for an explosive open on Wednesday after a below-consensus reading of headline U.S. inflation lit the touchpaper for a rally across all risky assets on Tuesday, although investors will be mindful…
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal Reserve will pause hiking interest rates when it concludes a two-day meeting on Wednesday. The annual increase in the consumer price index was the…
WASHINGTON (Reuters) – Three guests at the White House’s Pride party on Saturday have been banned from future events after going topless on the South Lawn, press secretary Karine Jean-Pierre said Tuesday. “The behavior was simply unacceptable. We’ve been very clear about that. It was unfair to the hundreds of attendees who were there to…
